0815 GMT - Shares of European semiconductor companies surge after President Trump agreed to a two-week cease-fire with Iran if the Strait of Hormuz is reopened. The strait, a key waterway used to transport helium needed to make artificial-intelligence chips, has remained largely closed in recent weeks. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 6.6% and 7.2%, respectively. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, are up 6.3%. German chip maker Infineon Technologies is up 9.6%. STMicroelectronics--which supplies Apple, Samsung Electronics and Tesla--is up 5.2%.(mauro.orru@wsj.com)
(END) Dow Jones Newswires
April 08, 2026 04:15 ET (08:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments